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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
11.6385 11.6625 11.5725 11.5750 -0.0635
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term up The long term trend has been UP since May 1st, 2018 at 11.3425

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 11.6735

short term up The short term trend has been UP since Oct 17th, 2018 at 11.5490

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.6385 11.6625 11.5725 11.5750 -0.0635
Prev. Close Volume Bid Ask Time
11.6385 11.5220 11.6280 2018-10-19 14:43:11
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